1999 Annual Report - Delta Electronics

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50 D. Marketable securities acquired or sold during 1999 or held as of December 31, 1999 in excess of $100,000 or over 20% of capital: Beginning Balance Addition Disposal Ending Balance The Company or Number Number Number Number Disposal investee company Name of marketable security of shares Amount of shares Amount of shares Amount of shares Amount gain (or loss) Delta Electronics, Inc. Cyntec Co., Ltd. 32,597,792 $ 687,653 4,889,668 $ 97,703 - ($ 26,814) 37,487,460 $ 758,542 - (Note 1) (Note 2) (Note 3) Delta Electronics, Inc. Delta Optoelectronics, Inc. - - 10,992,000 109,920 - ( 14,057) (Note 2) 10,992,000 95,863 - Delta Electronics, Inc. Macronix International Co., Ltd. 82,147,931 423,149 7,244,393 (Note 1) - (29,704,000) ( 143,641) 59,688,324 279,508 818,225 Delta Electronics, Inc. Yuasa Delta Technology Inc. 36,950,524 308,732 6,718,277 67,182 - ( 109,500) (Note 2) 43,668,801 266,414 - Delta Electronics, Inc. Grand Advance Technology Ltd. 9,000,000 $ 135,277 - $ 11,370 (Note 2) - $ - 9,000,000 $ 146,647 - Delta Electronics, Inc. Loyalty Founder Enterprise Co., Ltd. 7,827,454 126,716 2,348,236 (Note 1) - - - 10,175,690 126,716 - Delta International Holding Delta Electronics (Thailand) 1,997,800 317,333 7,936,093 2,334,678 - - 9,933,893 2,652,011 - Ltd. Public Co., Ltd. Delta International Holding GDR of D-Link Co., Ltd. 9,800,000 639,523 980,000 - - ( 16,182) 10,780,000 623,341 - Ltd. (Note 1) (Note 4) (Note 5) Cyntec Co., Ltd. T.I.I.M. Bond Fund - - 10,910,203 126,000 (4,679,714) ( 53,000) 6,230,489 73,000 1,868 Cyntec Co., Ltd. First Global Duoli No. 2 Assets Income Fund - - 10,354,740 124,000 (5,280,260) ( 62,000) 5,074,480 62,000 2,514 Cyntec Co., Ltd. Grand Pacific Bond Fund - - 10,848,751 134,000 (5,520,846) ( 67,000) 5,327,905 67,000 2,426 (Note 1): Represents stock dividends. (Note 2): Represents investment income (or loss) under the equity method. (Note 3): Represents cash dividends received on long-term investments accounted under equity method and the proportionate share of adjustment to subsidiaries' capital reserve. (Note 4): Represents the cumulative translation adjustment for foreign investee companies and adjustment for change in investee companies' capital reserve. (Note 5): 1 unit GDR = 5 shares of common stock; DIH owns 2,156,000 units of GDR, which is equal to 10,780,000 shares of common stock. E. Acquired long-term equity investment or real estate in excess of $100,000 or over 20% of capital: The Company or Type of Date of Transaction Status of Relationship Information concerning previous seller if the previous seller is a related party Relationship with Price Purpose for Other investee company property transaction amount payment Counterparty with the Company Previous seller the Company Date Cost reference acquisition commitments Delta Electronics, Fixed assets June 6 to $ 341,559 Remitted Nan Ya Plastics - - - - - Appraisal report For production None Inc. December 31, 1999 Corporation and office Delta Electronics, Long-term December 3, 109,920 Remitted Delta Investee company - - - - Initial capital Long-term None Inc. investment - 1999 Optoelectronics, accounted for (Based on the investment Delta Inc. under the equity par value) Optoelectronics, Inc. method Delta International Long-term May 17 to 2,334,678 Remitted Stock market Certain shareholders - - - - Market value Long-term None Holding Ltd. investment - December 7, of the Company investment ` Delta Electronics 1999 are shareholders (Thailand) Public Co., Ltd. of DET Delta International Buildings September 8, 145,745 Bank Winrise - - - - - Market value For office None Holding Ltd. 1999 promissory note Champion Ltd. building
F. Disposal of long-term equity investment or real estate in excess of $100,000 or over 20% of capital: Acquisition Status Relationship The Company or Type of Date of date of the of payment Disposal gain with the Reason for Price Other investee company property transaction sold properties Book value Selling price or receipt (or loss) Counterparty Company disposal reference commitments Delta Electronics Long-term April 2, 1999 August 25, $ 143,641 $ 961,866 Received $ 818,225 Taiwan Stock - Short-term Market value None Inc. investment- to August 1989 to Exchange financing Macronix 27, 1999 September International Co., Ltd. 23, 1998 G. Related party purchases or sales transactions in excess of $100,000 or over 20% of capital Description of and reasons for Transaction terms difference in transaction terms Accounts or Notes receivable (payable) % of total compared to non-related party % of total The Company or Name of the Relationship purchases different transactions accounts or notes investee company counterparty with the Company Purchases (sales) Amount (sales) Credit terms Unit price Credit period Balance receivable (payable) Delta Electronics, Delta Electronics Investee company Purchases $ 693,674 3 75 days credit from the first $ - - ($ 118,780) 2 Inc. and (Japan) Inc. accounted for day of the month following subsidiary under equity the month of purchase method completion. Delta Electronics, Delta Electronics Certain shareholders Purchases 652,648 2 75 days credit from the first - - ( 223,057) ( 3) Inc. and (Thailand) of the Company day of the month following subsidiary Public Co., Ltd. are shareholders of the month of purchase DET completion. Delta Electronics, Delta Electronics Investee company Sales 1,573,937 4 75 days credit from the first - - 709,134 7 Inc. and Europe Ltd. accounted for day of the month following subsidiary under equity the month of sales method completion. Delta Electronics, Delta Electronics Related party of the Sales 383,265 1 75 days credit from the first - - 303,748 3 Inc. and (Thailand) Company day of the month following subsidiary Public Co., Ltd. the month of sales completion. Delta Electronics, Delta Electronics Investee company Sales 176,365 1 75 days credit from the first - - 25,284 - Inc. and (Japan) Inc. accounted for day of the month following subsidiary under equity method the month of sales completion. Delta Electronics Addtron Technology Investee company Sales 160,219 100 75 days credit from the first - - 49,420 92 Inc. and Co., Ltd. accounted for day of the month following subsidiary under equity method the month of sales completion. Delta Electronics Delta Electronics, Investee company Sales 693,674 58 75 days credit from the first - - 118,780 96 (Japan) Inc. Inc. and accounted for day of the month following subsidiaries under equity method the month of sales completion. Addtron Technology Delta Electronics, Parent company Purchases $ 160,219 100 75 days credit from the first - - ($ 49,420) ( 92) Co., Ltd. Inc. and day of the month following subsidiaries the month of purchase completion. Cyntec Co., Ltd. Susumu Co., Ltd. Director of Cyntec Sales 183,507 19 60 days credit from the first - 60~90 days credit 42,646 16 Co., Ltd. day of the month following from the first day the month of sales of the month completion. following the month of sales completion Cyntec Co., Ltd. Susumu Co., Ltd. Director of Cyntec Purchases 144,150 38 60 days credit from the first - 60~90 days credit ( 38,584) ( 35) Co., Ltd. day of the month following from the first day the month of purchase of the month completion. following the completion 51
Page 1 and 2: DELTA ELECTRONICS, INC. Annual Repo
Page 3 and 4: 3 1999 Annual Report Message from t
Page 5 and 6: 7 1999 Annual Report Major Products
Page 7 and 8: 11 1999 Annual Report Manufacturing
Page 10 and 11: 17 1999 Annual Report Financial Sta
Page 12 and 13: DELTA ELECTRONICS, INC. CONSOLIDATE
Page 14 and 15: DELTA ELECTRONICS, INC. CONSOLIDATE
Page 16 and 17: DELTA ELECTRONICS, INC. NOTES TO CO
Page 18 and 19: Inventories Inventories are stated
Page 20 and 21: transition is amortized equally ove
Page 22 and 23: December 31, 1999 December 31, 1998
Page 24 and 25: 32 5) Property, plant and equipment
Page 26 and 27: The initial conversion price, which
Page 28 and 29: 13) Legal reserve The R.O.C Company
Page 30 and 31: payment of the final tax assessment
Page 32 and 33: G. Accounts payable DET DEJ Others
Page 34 and 35: short-term loan, accounts payable,
Page 36 and 37: When the contracts mature, there wi
Page 38 and 39: 46 11. DISCLOSURE OF INFORMATION ON
Page 40 and 41: 48 12. Disclosure information of in
Page 44 and 45: 52 H. Receivable from related parti
Page 46 and 47: 13. SEGMENTAL FINANCIAL INFORMATION
Page 48 and 49: February 23, 2000 (00)R.D24P.4057 T
Page 50 and 51: DELTA ELECTRONICS, INC. STATEMENT O
Page 52 and 53: DELTA ELECTRONICS, INC. STATEMENT O

1999 Annual Report - Delta Electronics

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